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it is not simply a barack obama phenomenon. what we see both from my own work inside the senate an observation from what we see with books is that it is a deliberate strategies hatched at least at the end are grow if not before to raise the bar and what things are happening and to get unanimous minority support and to do its not just on bills were you wanted to have amendments allowed but on bills were you one not interested to have all amendments allowed to make it messy. i will not defend obama's out wrenching the minority party. i could go back to other methods of obstruction with bill clinton, who reached out all the time. that is a minor factor. of killing thee omendment tree been done to much. that resulted in some protest. it had much more to do with a concerted party strategy, which is the first time we have seen it. >> there are two separate issues -- of shrubs and on nomination and obstruction on the legislative side. you'll see these judge bowed to 99-1. remember what we are talking about. the alternative is to move
it is not simply a barack obama phenomenon. what we see both from my own work inside the senate an observation from what we see with books is that it is a deliberate strategies hatched at least at the end are grow if not before to raise the bar and what things are happening and to get unanimous minority support and to do its not just on bills were you wanted to have amendments allowed but on bills were you one not interested to have all amendments allowed to make it messy. i will not defend...
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obama sees fit. in the meantime, we are expecting to hear from nancy pelosi. each side is speaking out every night and every day. moments ago, speaker of the house john boehner said this. >> the white house spent three weeks trying to develop a proposal. they call for $1.6 trillion in new taxes. calling for not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount that we would cut. i mean, it is not a serious proposal. so right now we are almost nowhere. megyn: alan colmes and lars larson are with us now. let's just focus on this debt ceiling. the reason we find ourselves about to go off the fiscal cliff with the automatic spending cuts, in part is because back in 2011, they wanted to raise the debt ceiling and the republicans said you cannot do it unless we do spending cuts. we cannot just do deficit spending. so they agree, they cut this deal, now the democrats are going to the republicans and saying, forget that. let's just in the position t
obama sees fit. in the meantime, we are expecting to hear from nancy pelosi. each side is speaking out every night and every day. moments ago, speaker of the house john boehner said this. >> the white house spent three weeks trying to develop a proposal. they call for $1.6 trillion in new taxes. calling for not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount that we would cut. i mean, it is not a serious proposal. so right now...
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democrats are calling president obama's plan to avoid the fiscal cliff an opening bid. some republicans have different words for it, joke. >> major garret is at the white house and reports on the president's plan and the strong reaction it got from republicans on capitol hill. major, good morning. >> reporter: good morning, charlie and norah t. the white house brought real numbers and republicans called them an insult, concocted in never neverland. so much for a week of work here in washington to avert what's called the fiscal cliff. treasury secretary tim geithner gave house republicans new ideas on resolving the fiscal cliff. and left with their anger ringing throughout the capitol. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. i've got to tell you, i'm disappointed. >> reporter: here are the big white house numbers. for $4 trillion deficit reduction in ten years, $1.6 trillion comes from households earning more than $250,000 a year. $400 billion in entitlement cuts in program like medicare and med
democrats are calling president obama's plan to avoid the fiscal cliff an opening bid. some republicans have different words for it, joke. >> major garret is at the white house and reports on the president's plan and the strong reaction it got from republicans on capitol hill. major, good morning. >> reporter: good morning, charlie and norah t. the white house brought real numbers and republicans called them an insult, concocted in never neverland. so much for a week of work here in...
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president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt romney to lunch at the white house, aiming to put past differences to rest. >> i think that he's very interested in some of governor romney's ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men ate and boxing gloves. aides joked there were no punches thrown describing the encou
president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt...
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>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at the top of this hour and as we always say, time is money and here in 30 seconds is what else we've got for you this friday morning. a man whose company managed to power an eetire island with green energy, but it was all privately funded, no subsidies, very small scale, but no subsidies, private throughout. we'll have that man sitting next to me on the set. angry staten island residents lash out at fema, they feel like they've been forgotten. we'll show you that video. illinois has had a huge pension problem, what does it do? created a cartoon snake, squeezy the pension python, and w
>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at...
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so glenn beck is selling obama in pee-pee. it's plat tick obama wrapped in a flag submerged in urine. they had bids up to $11,000 but ebay removed it because it contained bodily waste. glenn beck said it was beer, not urine. but he advertised it as urine. the little obama that drops in the jar, it has a flag wrapped around it. glenn beck submerged a flag in urine. >> stephanie: you know, we were saying to what degree is just out and out racism against this president. did you hear what grover norquist said, john. >> which time. >> stephanie: this is the latest time regarding the fiscal cliff negotiation. >> sound byte: they can have him on a rather short leash on a small--here's your allowance come back next month if you have behaved. >> you're proposing that the debt ceiling be increaseed month by month. monthly if he's good. weekly if he isn't. >> wow. how can you tell when they're being racist or tribalist. it's hard to tell. >> stephanie: put a leash on the president of the united states. if he's good--that's not too condes
so glenn beck is selling obama in pee-pee. it's plat tick obama wrapped in a flag submerged in urine. they had bids up to $11,000 but ebay removed it because it contained bodily waste. glenn beck said it was beer, not urine. but he advertised it as urine. the little obama that drops in the jar, it has a flag wrapped around it. glenn beck submerged a flag in urine. >> stephanie: you know, we were saying to what degree is just out and out racism against this president. did you hear what...
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would that destroy president obama's green energy plan? i don't think so. what if food stamps instead of going up 136% just went up 130% instead. can you really say that that is an attack on folks who are getting food stamps? or can you say that when the american people increase food nutrition spending by 130%, we are actually making a pretty good faith effort to make sure folks are taken care of? mr. speaker, we see it time and time again. 30%, 40%, 50%, 59%, 46%, 62%. we are not talking about destroying federal government programs. we are talking about curbing double-digit increases that have gone on over the past 10 years. triple digit increases in so many cases. that brings us to this balanced approach we keep hearing about, mr. speaker. i hear the president say balanced approach over an over again. i just have not seen him yet do balanced approach. we saw his proposals, it came out yesterday. he wanted to raise taxes by $1.6 trillion. he wanted to increase spending on a variety of programs. he thought he could find $400 billion in reduction. not today,
would that destroy president obama's green energy plan? i don't think so. what if food stamps instead of going up 136% just went up 130% instead. can you really say that that is an attack on folks who are getting food stamps? or can you say that when the american people increase food nutrition spending by 130%, we are actually making a pretty good faith effort to make sure folks are taken care of? mr. speaker, we see it time and time again. 30%, 40%, 50%, 59%, 46%, 62%. we are not talking about...
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. >> president obama is meeting with high profile chief executive officers today to talk about country's fiscal issues. >> we're here to support doing the right thing and putting america back to work. >> we don't legislate but we know the consequences of a failure to reach an agreement. >> only way democracy works is through compromise at the end of the day. >> i'm optimistic we'll continue to work together. >> our ultimate goal is an agreement that gets long-term deficit under control in a way that is fair and balanced. >> stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we have said it. we've said it. we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to a congressional republican aides who have talked to "the wall street journal," they obtained a copy of the white house prover here in the ne
. >> president obama is meeting with high profile chief executive officers today to talk about country's fiscal issues. >> we're here to support doing the right thing and putting america back to work. >> we don't legislate but we know the consequences of a failure to reach an agreement. >> only way democracy works is through compromise at the end of the day. >> i'm optimistic we'll continue to work together. >> our ultimate goal is an agreement that gets...
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>> if you were obama, who would you pick? >> final question. >> it does no good to play the name game. >> you can dodge my question but not abby's. >> let's say this about the future. the future isn't afghanistan or iraq but how well prepared we are to meet the 21st century challenges of competitiveness. that will be economics, education. it will play out over the pacific ocean. why was it that the president and governor romney sat at lunch and talked about america's global leadership? >> ambassador huntsman, you're welcome to stay with us the whole show. we would love to have the father and daughter team around. >> i can't compete with abby or marianne or libby, any of my daughters. i'm not even close to their league. >> thanks, dad. >> we'll hang on to your daughter the rest of the hour if that's okay with you. >>> random act of kindness that quickly went viral thanks to one single photo. we will have the police officer who bought boots for a homeless man on a freezing cold night. t . you won't take our future. aids affects
>> if you were obama, who would you pick? >> final question. >> it does no good to play the name game. >> you can dodge my question but not abby's. >> let's say this about the future. the future isn't afghanistan or iraq but how well prepared we are to meet the 21st century challenges of competitiveness. that will be economics, education. it will play out over the pacific ocean. why was it that the president and governor romney sat at lunch and talked about...
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what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first term figured look, the president sooner or later will realize he needs jobs to get re-elected so will come onboard with pro-growth stuff and jobs he was able to, you know, to be re-elected at 7.9%. now you want a legacy that shows that you had a good economy and that you got the jobless rate down. so you are going -- i'm -- maybe there's just a disconnect between whether people that work for him really understand what generates economic growth and jobs and what doesn't. and -- i mean, we will transform society in a way that maybe is more positive for him, obama car
what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first...
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president obama. he's holding the cards right now and if, in fact they do go over the cliff will he actually be true to what he said before, which is let's do this short-term deal now, even though it's really not a deal, it's a one-sided deal and then after get over the fiscal, then we'll sit down and actually talk some serious business. but has that really been done in the last three or four years? do you really believe that they will talk serious business, which would include both sides of the fence tax increase potentially, and spending cuts? do you believe that they'll actually do that? >> steve: you know what? charles krauthammer in his column today writes about once upon a time, ronald reagan took that deal where the democrats said okay, let's get a deal now and then we'll talk about cuts later. he never got the cuts and he always was remorseful of the fact that he didn't get the cuts when he made the deal. >> gretchen: the other stories making headlines fox news alert. there is a terrifying sit
president obama. he's holding the cards right now and if, in fact they do go over the cliff will he actually be true to what he said before, which is let's do this short-term deal now, even though it's really not a deal, it's a one-sided deal and then after get over the fiscal, then we'll sit down and actually talk some serious business. but has that really been done in the last three or four years? do you really believe that they will talk serious business, which would include both sides of...
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there's growing speculation he'll run if john kerry steps down to take an obama cabinet position. >>> another day, another republican jumping ship from grover norquist and his anti-tax pledge. this time it's new york congressman chris gibson who said that because of redistricting, he figures the pledge only applies to the area he was serving before. >>> and this was the photo op of the day. of course, vice president joe biden, he was shopping at the new costco in washington, d.c. he munched on some cookie samples, bought children's books, a tv set and apple pie. >>> remember this guy? the one who vowed to keep his romney/ryan campaign tattoo dispute the election results? reality has apparently caught up with him, and it's coming off soon. and that's your dish of "scrambled politics." >>> another day of fiscal cliff drama. stocks reversed early gains and fell shortly after house speaker john boehner dashed hopes that lawmakers were getting closer to agreeing on a year-end budget deal. but all three major markets did bounce back by the afternoon. >>> economic data was positive thursday,
there's growing speculation he'll run if john kerry steps down to take an obama cabinet position. >>> another day, another republican jumping ship from grover norquist and his anti-tax pledge. this time it's new york congressman chris gibson who said that because of redistricting, he figures the pledge only applies to the area he was serving before. >>> and this was the photo op of the day. of course, vice president joe biden, he was shopping at the new costco in washington,...
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. >> president obama is going into campaign mode to win support for his plan. visiting a pennsylvania toy factory today. the deadline is a month and a day away. as abc's karen travers reports. good morning, karen. >> reporter: good morning, rob. good morning, sunny. yesterday was round two between the obama administration and congressional leaders on capitol hill. and things aren't looking good. basically at this point, both sides have laid out an agenda, and they're waiting for the other side to blink. so much for that brief burst of optimism in washington over the fiscal cliff talks. now republicans and democrats can't even agree on where things stand. >> no substantive progress has been made in the talks. >> and you know there is progress. >> treasury secretary tim geithner sat down with bipartisan congressional leaders to keep pushing for a deal. a top boehner aide said the plan geithner presented is, quote, completely unrealistic. and a top democratic aide said republicans have taken to screaming at them. if no action is taken by december 31st, 650 billion
. >> president obama is going into campaign mode to win support for his plan. visiting a pennsylvania toy factory today. the deadline is a month and a day away. as abc's karen travers reports. good morning, karen. >> reporter: good morning, rob. good morning, sunny. yesterday was round two between the obama administration and congressional leaders on capitol hill. and things aren't looking good. basically at this point, both sides have laid out an agenda, and they're waiting for the...
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obama is say nothing, i need more. boehner is saying we are further than we have ever been. >> they know where they will meet in the middle. >> dana: i think they are farther apart than ever, actually. >> eric: you do? >> dana: i do. does it show you wouldn't -- >> kimberly: absolutely not. >> kimberly: bolling is the last to leigh the building and first to enter. maybe he doesn't leave at all. >> screaming headlines on fox news.com. this is not a game. clearly frustrated. you must be good in chess. you two steps ahead of everybody, what you just diagnosed. i manual you're good. the president is also playing -- >> bob: can suck up. >> brian: i usually wait for the breaks. but i just do things that threw me a little bit. the president would not go to hawaii if the deal is not done. he has the deal. that the republicans will sign. >> dana: if they were able to go, the east wing said we are going to hawaii, you bet ber ready. get the back pack. i think there is so much planning that has to be done. if you take the white h
obama is say nothing, i need more. boehner is saying we are further than we have ever been. >> they know where they will meet in the middle. >> dana: i think they are farther apart than ever, actually. >> eric: you do? >> dana: i do. does it show you wouldn't -- >> kimberly: absolutely not. >> kimberly: bolling is the last to leigh the building and first to enter. maybe he doesn't leave at all. >> screaming headlines on fox news.com. this is not a game....
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in 2008, then president elect obama met with john mccain at the obama campaign chicago's headquarters. vice president al gore and george w. bush had a private meeting after gore officially conceded the election. and president clinton gave the defeated bob dole a presidential medal of freedom just days before the second clinton inauguration. other rivals weren't as conciliatory. herbert hoover and franklin d. roosevelt reportedly sat in silence to the inauguration. walter mondale told politico he and ronald reagan never sat down for this kind of conversation. and is a former aide to john kerry told politico that kerry and george w. bush never spoke to one another after john kerry conceded the election. joining me now, pulitzer prize winning columnist for "the washington post" and msnbc analyst eugene erickson. and we have all -- i won't speak for you. i have -- i have more than once, i think, said we will keep in touch, let's keep in touch, to someone i did not then keep in touch with. i don't think i've ever been as phony about it, though, as these two guys today promising to stay in
in 2008, then president elect obama met with john mccain at the obama campaign chicago's headquarters. vice president al gore and george w. bush had a private meeting after gore officially conceded the election. and president clinton gave the defeated bob dole a presidential medal of freedom just days before the second clinton inauguration. other rivals weren't as conciliatory. herbert hoover and franklin d. roosevelt reportedly sat in silence to the inauguration. walter mondale told politico...
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find out what president obama is doing and should be doing to kick tart the u.s. manufacturing sector >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the extraordinary tales of heroism determination and escape. "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" premier mini-marathon this saturday starting at 1 eastern. on current tv. >> jennifer: president obama has made it crystal clear that revitalizing the country's's industrial base jobs is going to be a top priority in his second term and just one of the topics that i touched on in a great recent interview that i had with leo hendry, he's the chair of the advisory council for the smart globalization initiative. and i started by asking him if the election sent congress a message about job creation policies. >> you know firsthand that every election carries a lot of messages, but president obama himself has concluded that the one just past was sort of an impetus to get the mid
find out what president obama is doing and should be doing to kick tart the u.s. manufacturing sector >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the extraordinary tales of heroism determination and escape. "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" premier mini-marathon this saturday starting at 1...
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this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm with you. leslie, seriously, why can't we have some significant spending cuts now? the president, first of all, said he only wanted $800 billion when he was running, now he's doubled it, but there's no cuts. government can't find waste, fraud, abuse, cut back on their intoxication and power grab with spending? >> i agree that medicare is one program that has a lot of fraud. quite frankly the president has been very clear that they're going to be -- >> sean: when? when? >> democrats and republicans will have to suck it up. when you guys call caving in, i call compromise. >> sean: republicans compromise, cave, and -- >> we're not violating the tax pledge if we let somet
this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm with you. leslie, seriously, why can't we have some significant spending cuts now? the president, first of all, said...
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christina romer, president obama's chief economic advisor. has written in most circumstances a tax equals increase that equals about 1% of g.d.p. actually lowers g.d.p. by about 3%. harvard economist marty feldstein has written a 1 dollar increase in tax rates costs the economy about 76 cents in growth. there is a global perspective on this, too. other countries have gone through these fiscal problems and they have chosen to cut spending in some cases, raise taxes in other cases. there is a harvard economist, alberto halacena who has studied 17 countries in the developed world, this is over the past 25 years, and he has looked at how they have attempted to reduce their budget deficits. based on i.m.f. data which is international monetary fund, he concluded the tax-based deficit reduction was, in his words, always recessionary, always. by contrast, reducing deficits by cutting spending and enacting pro-growth reforms, including tax reform, actually spurred economic growth, according to his study. i think that's consistent with our own economic
christina romer, president obama's chief economic advisor. has written in most circumstances a tax equals increase that equals about 1% of g.d.p. actually lowers g.d.p. by about 3%. harvard economist marty feldstein has written a 1 dollar increase in tax rates costs the economy about 76 cents in growth. there is a global perspective on this, too. other countries have gone through these fiscal problems and they have chosen to cut spending in some cases, raise taxes in other cases. there is a...
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i'm hoping obama is coming to be a great president, which has come to the center. he inherited a bad economy. there's no doubt, right? but we haven't made a lot of progress. we haven't given business a lot of confidence. we have $1 trillion -- >> antagonistic with business. >> we would call it antagonistic. a lot of listening but not a lot of hearing. i'm supposed to go -- i won't say that. >> you're going to go to the white house. >> maybe. >> why would you go to the white house? you think he's listening? all these photo ops with all these ceos. >> do i have to answer this? >> what are they doing? why go? >> because he's the president of the united states. it is the white house. in the case, you can make an impact, you should do it. >> but that's the question. can you make an impact? >> at the moment, it looks like not. again, i said this recently at another conference. if you're a ceo, you're going to get your constituents in a room and not leave. you're not going to get in a plane, bring people in to antagonize the other side as rerecently did. you're going to s
i'm hoping obama is coming to be a great president, which has come to the center. he inherited a bad economy. there's no doubt, right? but we haven't made a lot of progress. we haven't given business a lot of confidence. we have $1 trillion -- >> antagonistic with business. >> we would call it antagonistic. a lot of listening but not a lot of hearing. i'm supposed to go -- i won't say that. >> you're going to go to the white house. >> maybe. >> why would you go to...
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mitt romney and obama get together. for me it's awkward that they had the meeting at the white house. was that mean? shouldn't they have don't at a tgif. neutral ground? not to rub his nose in the place that he wanted to live. >> reporter: given romney's finances, -- he came here, he left without talking to reporters. we are digging for details on how it went. the white house insists they were trying to be open and courteous to mitt romney. show the peaceful transfer -- there is no violence. the race was hard fought. mr. obama won, in romney moves on and mr. romney also sat down with another important man in all this. fall ryan his running-mate. that would be interesting to be a fly on the wall. megyn: there are funny lines on twitter about that meeting and what should have been served at the meeting. thank you, sir. a white house social media effort to tip the public opinion in its favor on these fiscal cliff negotiations is starting to get controversial. the president urging americans to go to twitter and tweet my2k.
mitt romney and obama get together. for me it's awkward that they had the meeting at the white house. was that mean? shouldn't they have don't at a tgif. neutral ground? not to rub his nose in the place that he wanted to live. >> reporter: given romney's finances, -- he came here, he left without talking to reporters. we are digging for details on how it went. the white house insists they were trying to be open and courteous to mitt romney. show the peaceful transfer -- there is no...
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. >> that even goes to obama's terminology yesterday. he talked about presenting a framework by chris mall. framework, all that means is, listen, we've got to plan, we can modify it, tweak it -- the market will not want that. >> the market will move very quickly if they perceive it is not substance. remember it's two parts -- soon and substance. >> thank you very much. >>> to the nasdaq right now, bertha coombs is there following the big movers. >> over the last couple of days the nasdaq has managed to move into positive territory for the month of november, back above 3,000. today one of the biggest movers is research in motion getting an upgrade at goldman sachs. one of the firms that sees them perhaps getting some traction with the blackberry 10 rollout in 2013. apple up today as well, up more than 1%. look what's happened this month. nasdaq composite has moved up without the help of apple. apple on track for the third straight monthly loss. what's really made the difference here? games. cisco, some of the big caps like cisco, gilead,
. >> that even goes to obama's terminology yesterday. he talked about presenting a framework by chris mall. framework, all that means is, listen, we've got to plan, we can modify it, tweak it -- the market will not want that. >> the market will move very quickly if they perceive it is not substance. remember it's two parts -- soon and substance. >> thank you very much. >>> to the nasdaq right now, bertha coombs is there following the big movers. >> over the last...
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the was the man who banned obama supporters from his gun store and he said president obama is the genius and he played on the second amendment perfectly. listen to this for a second. >> he is a genius. he has been very disciplined and patient and has waited until his second term and many of us very much believe that he is going to implement more than just an assault weapons ban. all i have to say to these people is wait and see. stuart: i think you would agree with that. wait and see. you think i believe that president obama will go after the second amendment and that is why we had 154,000 background checks in one day alone, black friday. >> president obama tried to fog the issue, sent out literature saying he was a strong supporter of the second amendment. none of that is true. the day after the election he said he would sign the u.n. treaty, the day after the election they started talking about their antigun agenda. i expect a full seat on the second amendment and the only way we will withstand this is to make the and are a stronger dan ever. we will face an unprecedented blizzard of a
the was the man who banned obama supporters from his gun store and he said president obama is the genius and he played on the second amendment perfectly. listen to this for a second. >> he is a genius. he has been very disciplined and patient and has waited until his second term and many of us very much believe that he is going to implement more than just an assault weapons ban. all i have to say to these people is wait and see. stuart: i think you would agree with that. wait and see. you...
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i give the obama campaign credit. they picked exactly the right moment when they had a financial advantage between june and august, before general election. they defined him and did a good job. people in the romney campaign don't have anything to be ashamed of. they ran a tough race. >> tom cole, member of congress, thank you. >>> forget the powerball. wall street is feeling optimistic that lawmakers will hit the fiscal cliff jackpot. i don't know what they've heard. the market rundown is next. are we there yet? the votes are still being counted. the list of uncalled races is about to finally hit empty. our latest tally is coming up and why that 47% number is still haunting romney. >>> if jeb bush were nominated in 2016, they will be the second set by a major party. name the first set of brothers to do this? tweet me the answer @chuck thooet todd. the answer is coming up on "the daily rundown." we'll be right back. restore revive rejuvenate rebuild rebuild rebuild gives you a low $18.50 monthly plan premium... and sel
i give the obama campaign credit. they picked exactly the right moment when they had a financial advantage between june and august, before general election. they defined him and did a good job. people in the romney campaign don't have anything to be ashamed of. they ran a tough race. >> tom cole, member of congress, thank you. >>> forget the powerball. wall street is feeling optimistic that lawmakers will hit the fiscal cliff jackpot. i don't know what they've heard. the market...
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obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high from october. traditionally in the technical analysis world we have a triple top setting up. those do not hold. i like the trade up towards a test of that october high. >> i'm surprised you don't think the yen is a better trade at the moment. there's a lot of chatter everywhere else about it. >> it's a great point, simon. you know, the boj is doing everything they can to end their 13, 15-year deflationary cycle. my thought on that is you don't get hit by the train you see coming. i feel like the market is so focused on the short yen trade, i think it could work in the short term. you could pair a euro long like i'm talking abo
obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high from october. traditionally in the technical analysis world we have a...
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this is not a new strategy for president obama. this is the latest in a long line of efforts on the part of the obama white house to organize americans, to bring a grassroots campaign style efforts to bear on a policy debate. this not the first time the obama administration has done this. in fact, this isn't even a new thing for president's broadly speaking. president obama did not invent this strategy of trying to get his way on policy. remember george w. bush after he was reelected. george w. bush took off an a tour of the country at the start of his second term. what president bush was barn storming the country with to call americans to action about was his idea we should privatize social security. >> i like going around the country. i am going to keep telling people we've got a problem until it sinks in. >> it did not sink in and we did not turn social security over to wall street the way president bush suggested. that is less a caution for the current president, that president's broadly speaking shouldn't try to involve their
this is not a new strategy for president obama. this is the latest in a long line of efforts on the part of the obama white house to organize americans, to bring a grassroots campaign style efforts to bear on a policy debate. this not the first time the obama administration has done this. in fact, this isn't even a new thing for president's broadly speaking. president obama did not invent this strategy of trying to get his way on policy. remember george w. bush after he was reelected. george w....
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geithner is president obama's lead negotiator in the budget talks. he'll first meet with harry reid at 10:00 followed by john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then he'll meet with house minority leader nancy pelosi. president obama is signaling he's flexible on where tax rate shoes go if the wealthiest americans. return to clinton era tax rates would have house holds playing between 36% to nearly 40%. the president met with a group of ceos wednesday. they offered support for resolving the fiscal cliff crisis with a proposal that includes higher taxes for those who make more than a quarter million dollars a year. >> at this point both sides have acknowledged that there is going to be revenue concessions and there will be entitlement concessions. in fact if you listen to it, again, i'm not a master of the political art here, but i would say if you have these point of views in the business context as close as they are, i would say a deal would be in reach. >> interesting. bill ford jr. agrees with blankfei
geithner is president obama's lead negotiator in the budget talks. he'll first meet with harry reid at 10:00 followed by john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then he'll meet with house minority leader nancy pelosi. president obama is signaling he's flexible on where tax rate shoes go if the wealthiest americans. return to clinton era tax rates would have house holds playing between 36% to nearly 40%. the president met with a group of ceos...
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president obama's not going to leak? >> i don't know. >> bob woodward's going to be standing there. >> 12:30 is the lunch. >> thank you both for joining me tonight. >>> coming up, the support court does the right thing and throws a big scare into bad cops. that's in the rewrite and later, what ari has to report on the republicans scheming to prevent susan rice from becoming secretary of state. that's coming up. my doctor told me calcium is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science.
president obama's not going to leak? >> i don't know. >> bob woodward's going to be standing there. >> 12:30 is the lunch. >> thank you both for joining me tonight. >>> coming up, the support court does the right thing and throws a big scare into bad cops. that's in the rewrite and later, what ari has to report on the republicans scheming to prevent susan rice from becoming secretary of state. that's coming up. my doctor told me calcium is efficiently absorbed...
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president obama's not going to leak? >> i don't know. >> bob woodward's going to be standing there. >> 12:30 is the lunch. >> thank you both for joining me tonight. >>> coming up, the support court does the right thing and throws a big scare into bad cops. that's in the rewrite and later, what ari has to report on the republicans scheming to prevent susan rice from becoming secretary of state. that's coming up. teoarthritis p. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers
president obama's not going to leak? >> i don't know. >> bob woodward's going to be standing there. >> 12:30 is the lunch. >> thank you both for joining me tonight. >>> coming up, the support court does the right thing and throws a big scare into bad cops. that's in the rewrite and later, what ari has to report on the republicans scheming to prevent susan rice from becoming secretary of state. that's coming up. teoarthritis p. imagine living your life with less...
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shows the obama administration organized an hour long private briefing the acting director of the cia susan rice herself and the three amigos so all their questions could be an. but of course they weren't interested in facts or truth or even the impact their behaviors may have been international relations all the three amigos wanted to do was to smear rice so obama would be forced to drop for kennedy opening the way for scott brown excuse me kerry opening the way for scott brown to get back into the senate as you can see here. susan rice should have known better and if she didn't know better she's not qualified she should have known better i would do everything in my power to block her from being the united states secretary of state she has proven that she either doesn't understand or she is not willing to accept and face so how could she say five days later definitively there is no evidence of a coordinated al qaeda attack when there's a rame of evidence this is about the role she played around four dead americans when it seems to be that the story coming out of the administration an
shows the obama administration organized an hour long private briefing the acting director of the cia susan rice herself and the three amigos so all their questions could be an. but of course they weren't interested in facts or truth or even the impact their behaviors may have been international relations all the three amigos wanted to do was to smear rice so obama would be forced to drop for kennedy opening the way for scott brown excuse me kerry opening the way for scott brown to get back...
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. >>> president obama employed a little, in the results of the fiscal cliff. the president surrounded himself with people who he said were middle class americans. if congress does nothing, a series of automatic spending cuts and tax hikes will take in effect in january. the president want to raise income taxes on those who make more than $250,000 a year. republicans don't want to do it and reduce spending cuts. >>> president urges americans to use social media, especially twitter. they introduced the hash tag, my 2k, including my $2 k. how much more each middle class family would pay without congressional action. >> my 2k and e-mail, post office, member of the congress, do what it takes to communicate a sense of urgency. >> republicans are embracing the my 2k hash tag. they are using it to make points against the president's plan. >>> the police standoff is enteringit fifth hour after an animal control officer was shot and killed, helping to evict a man from the northern california home this afternoon. it's happening in the city, 20 miles south of sacramento.
. >>> president obama employed a little, in the results of the fiscal cliff. the president surrounded himself with people who he said were middle class americans. if congress does nothing, a series of automatic spending cuts and tax hikes will take in effect in january. the president want to raise income taxes on those who make more than $250,000 a year. republicans don't want to do it and reduce spending cuts. >>> president urges americans to use social media, especially...
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just over $287,000. 33% to president obama for just over $143,000. now we've got a similar breakdown when you look at contributions to political candidates. 68%, just over $1.4 million to gop candidates. 32%, $690,000 to democrats. now costco, of course, making market moving news today announcing a $7 per share special dividend to be paid before the end of the year. if we go over the fiscal cliff at the end of the year, that tax rate on dividend goes from 15% to just over 43%. i think it is safe to say that there is bipartisan support among investors and shareholders for those special dividends now and not seeing that dividend tax rate skyrocket after the end of the year. >> it does seem to make sense. hampton pearson, thank you very much. >>> now, let's get back to our recovery road trip to atlanta where we find you once again, brian. >> thanks, mandy. in fact, the ceo of the company we're going to speak with right now just raised their dividend a couple of weeks ago by 50%. that is null rewell rubbermaid, of the five best performing in the atlanta
just over $287,000. 33% to president obama for just over $143,000. now we've got a similar breakdown when you look at contributions to political candidates. 68%, just over $1.4 million to gop candidates. 32%, $690,000 to democrats. now costco, of course, making market moving news today announcing a $7 per share special dividend to be paid before the end of the year. if we go over the fiscal cliff at the end of the year, that tax rate on dividend goes from 15% to just over 43%. i think it is...
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Nov 28, 2012
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we've made great success under our president obama. with fuel economy in place, investment of alternative energy, the military says it's important for them to ensure an agile, lethal, and adaptable combat force and ultimately national security. their words. so in addition to everything else, this is a need that the military has definitely outlined for us. a statement of administration policy on the house defense authorization bill, which contains a nearly identical provision, says that affecting d.o.d.'s ability to procure alternative fuels in this way -- quote -- "would further increase america's reliance on fossil fuels, thereby contributing to geopolitical instability and endangering our interests abroad." mr. president, some of the same people who call for boycotts on iran, which i support, somehow feel it's not important for us to be free from reliance on those kinds of countries for our oil. it makes no sense. you can't make these compartme compartments. you're going after countries that have oil and you're right to do it because
we've made great success under our president obama. with fuel economy in place, investment of alternative energy, the military says it's important for them to ensure an agile, lethal, and adaptable combat force and ultimately national security. their words. so in addition to everything else, this is a need that the military has definitely outlined for us. a statement of administration policy on the house defense authorization bill, which contains a nearly identical provision, says that...
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Nov 28, 2012
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we are awaiting remarks from president obama. he is pushing his plan to try to avoid the year-end fiscal cliff. this speech comes ahead of a meeting between the president and business leaders later today discussing actions the white house says are aimed at growing the economy and finding a quote, balanced approach to reducing the nation's deficit. let's bring in our panel. mary katharine ham editor-at-large of hot air.com and fox news contributor. peter mirijanian former advisor to the clinton-gore and gore-lieberman campaigns. when the president arrives at the white house to speak, he will have people behind him, ordinary americans who reached out to the white house and want their $2,000 middle class tax cut preserved. republicans are saying this is essentially a campaign stunt, a campaign appearance kind of event of the he won the election. he should get on the business of governing. what do you say? >> well, one quick observation, jon. i think what you're seeing, what i think is interesting the first social media presidency. t
we are awaiting remarks from president obama. he is pushing his plan to try to avoid the year-end fiscal cliff. this speech comes ahead of a meeting between the president and business leaders later today discussing actions the white house says are aimed at growing the economy and finding a quote, balanced approach to reducing the nation's deficit. let's bring in our panel. mary katharine ham editor-at-large of hot air.com and fox news contributor. peter mirijanian former advisor to the...
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and a lunch at the white house, obama and mitt romney. one person, maybe more could join the one% tonight. if it attacks on the poor, outrageous. stuart: $500 million, half a billion is the power ball back but tonighh. people are lining up to hand over ritter money. let's bring in the about.com guide to the u.s. economy. kimberly, i am going to give you -pmy opinion up front. i think the power ball and 0 other state lotteries are a lousy deal. point number one. you by $2 ticket you are immediately subject to 50% tax because $1 does not go to prizes but the state. .2. if you win, you're subject to another huge tax. i think it is a lousy deal. the best way of taxing poor people. i don't like it. you say? >> i hate disagreeing with you so much. stuart: go ahead. >> it canes my heart. it is not our tax. it is voluntary. so people can decide to do it or not decide to do it. one of the bad things about is is very bad odds. 1 seventy-five million to 1 of winning the lottery. people who win the lottery are -- play the lottery, that is their choic
and a lunch at the white house, obama and mitt romney. one person, maybe more could join the one% tonight. if it attacks on the poor, outrageous. stuart: $500 million, half a billion is the power ball back but tonighh. people are lining up to hand over ritter money. let's bring in the about.com guide to the u.s. economy. kimberly, i am going to give you -pmy opinion up front. i think the power ball and 0 other state lotteries are a lousy deal. point number one. you by $2 ticket you are...
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the third aspect is the obama care taxes that are coming. there's a 3.8% increase on capital gains, on dividends, interest income for people making 200,000 or more. that's already coming. that's baked in the cake. what the president wants is an additional tax increase rate increase on the same group of people he's already put a rate increase on in january. we're pushing back saying they are taking a hit in january based on the obama care taxes. why talk about a double tax rate increase? second thing to remember in 2007 we spent a trillion dollars less than we spent this year. the revenue is almost identical. 2007 to this year. the issue is not can we raise more taxes. the issue is we increased spending a trillion dollars and our simple push is to say why don't we look at spending? that's the major issue. we can't keep raising taxes and saying we'll just keep raising taxes as long as we raise spending. we're overspending. everyone is looking at congressional republicans saying what are you going to do on tax? no one is looking at democrats sa
the third aspect is the obama care taxes that are coming. there's a 3.8% increase on capital gains, on dividends, interest income for people making 200,000 or more. that's already coming. that's baked in the cake. what the president wants is an additional tax increase rate increase on the same group of people he's already put a rate increase on in january. we're pushing back saying they are taking a hit in january based on the obama care taxes. why talk about a double tax rate increase? second...
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what side is the obama administration taking in this crisis? >> reporter: well, u.s. criticism so far has been extremely muted. some people here in egypt are disappointed by that. the u.s. government is really in a tricky situation because it's relying on president morsi to help with peace efforts in the israeli-palestinian conflict. last week he helped broker a truce between hamas and israel. so we're back in the same situation we had under the old dictatorship which is that the u.s. can't be to overtly critical because it relies on egypt's help here in the middle east. >> holly williams in cairo for us this morning. thank you so much. let's take a quick break. when we come back the latest on the civil war in syria including a report from one city at the center of the conflict. later, would be millionaires line up for a chance at tonight's historic powerball lottery drawing. this is the "cbs morning news." powerball lottery drawing. this is the "cbs morning news." or visit exelonpatchoffer2.com. cool, you found it. wow. nice place. yeah. [ chuckles ] the family think
what side is the obama administration taking in this crisis? >> reporter: well, u.s. criticism so far has been extremely muted. some people here in egypt are disappointed by that. the u.s. government is really in a tricky situation because it's relying on president morsi to help with peace efforts in the israeli-palestinian conflict. last week he helped broker a truce between hamas and israel. so we're back in the same situation we had under the old dictatorship which is that the u.s....
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and president obama round 11:30 a.m. eastern time will be holding an event with middle- class americans who will be impacted if negotiations do not lead to some kind of grand bargain. look for coverage of all our guns on c-span.org. linda in tennessee, republican of kalla. caller: it was obama who said do not raise taxes. it was the democrats who voted to extend the bush tax cut. for years, we have heard them say tax cuts for the rich. now we find out there were also a tax cut for the middle class and the port. -- and support. -- the poor. people who have never paid into social security or met -- or disability are getting on welfare. 16,000 a month are getting added into social security and medicare who have never paid a dime. host: linda, we are talking about the bush era tax cuts, focusing specifically this morning on the income tax cuts under the bush administration that were extended under the obama administration. that is part of a series that we are doing on the "washington journal" lead starts today that focuses o
and president obama round 11:30 a.m. eastern time will be holding an event with middle- class americans who will be impacted if negotiations do not lead to some kind of grand bargain. look for coverage of all our guns on c-span.org. linda in tennessee, republican of kalla. caller: it was obama who said do not raise taxes. it was the democrats who voted to extend the bush tax cut. for years, we have heard them say tax cuts for the rich. now we find out there were also a tax cut for the middle...
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the two sides have been fighting over certain documents that the obama administration has refused to give congress citing executive privilege. >>> a commission overlooking child abuse laws in pennsylvania is a result of jerry sandusky. he's serving essentially life in prison. a bit of good news for penn state, nittany lions head coach bill o'brien was awarded the 2012 big ten coach of the year award. >>> a new health concern for men with big bellies. the type of abdominal fat could indicate a higher risk for bone density loss and broken bones. a new study has found that men with visceral or deep belly fat had weaker bones and therefore a greater chance at bone fractures than men who carry fat just under the skin. >> interesting. >>> and new zealand's capital city overrun by middle earth mania. an estimated 100,000 people lined the streets in wellington for the star shoulded world premiere of "the hobbit." it's the first of three hobbit films which serve as a prequel to peter jackson's lord of the rings trilogy. it has its american premiere next week here in new york. >> do you think
the two sides have been fighting over certain documents that the obama administration has refused to give congress citing executive privilege. >>> a commission overlooking child abuse laws in pennsylvania is a result of jerry sandusky. he's serving essentially life in prison. a bit of good news for penn state, nittany lions head coach bill o'brien was awarded the 2012 big ten coach of the year award. >>> a new health concern for men with big bellies. the type of abdominal fat...
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facing the fiscal cliff, president obama courts the biggest ceos on wall street. yesterday he reached out the smallest business owners on main street. we'll talk to one of them coming up. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, c
facing the fiscal cliff, president obama courts the biggest ceos on wall street. yesterday he reached out the smallest business owners on main street. we'll talk to one of them coming up. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades...
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do her right. >>> a month after hurricane sandy, the obama administration is preparing to ask for more money for the recovery. the white house is expected to make the request to congress for billions of dollars in additional aid. congressional aides say the request which could top $11 billion is likely to come in the next couple of days. damage from sandy tops $70 billion in new york and new jersey alone. >>> and damage from downpours and flooding taking its toll across parts of great britain. flood watches and warnings are up for nearly all of wales and england. at least one death, an elderly woman, is being blamed on floodwaters in northern wales. 500 homes had to be evacuated. >> we're seeing way too many of those scenes in recent weeks. wow. >>> and now a look at your forecast on this wednesday. al major storm brings downpours to san francisco, to seattle. mountain snow in the sierra range. cooler than usual on the gulf. mostly sunny and dry new england to florida. >> 80 in miami. 60s in new orleans and dallas. 40s, kansas city to new york. 30s in fargo and in the twin cities. if w
do her right. >>> a month after hurricane sandy, the obama administration is preparing to ask for more money for the recovery. the white house is expected to make the request to congress for billions of dollars in additional aid. congressional aides say the request which could top $11 billion is likely to come in the next couple of days. damage from sandy tops $70 billion in new york and new jersey alone. >>> and damage from downpours and flooding taking its toll across parts...
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Nov 28, 2012
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a permit was allowed for a man president obama put up a nativity in the plaza, in chicago. somebody got to him and after he put it up, a mob of officials came down from dahlly plaza and tried to dismantle it. >> arthel: that's a good federal holiday image. >> it didn't play well. people called up and came to protect -- cradle the figure of baby jesus. >> bill: this is what i mean. >> colleague ran into court and got an injunction that since you had political speech on daley plaza, you can not discriminate. >> bill: i think maybe rahm emanuel might want to do is have a chicago christmas holiday card from chicago with a bunch of aldermen with crowbars and the baby jesus being beaten. that might be good. [ laughter ] >> i'm hoping we got beyond that point. i've lost my ear piece. >> bill: that's okay 'cause i'm going to go back to -- doreen, what i want to do is encourage everyone across the country to send governor lincoln chaffey a christmas card with jesus on it. okay? >> that would be great. >> bill: yeah. i want everybody watching, all over the world. not just in america.
a permit was allowed for a man president obama put up a nativity in the plaza, in chicago. somebody got to him and after he put it up, a mob of officials came down from dahlly plaza and tried to dismantle it. >> arthel: that's a good federal holiday image. >> it didn't play well. people called up and came to protect -- cradle the figure of baby jesus. >> bill: this is what i mean. >> colleague ran into court and got an injunction that since you had political speech on...
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obama is back in. and one of the clearest issues in that election was that taxes should be raised and raised on the rich. that gives the president even more leverage. i think the president has enormous leverage. if we do go over the cliff in terms of tacks? we go back to the clinton tax rates, which as i remember it, were not so onerous. they certainly were pretty good in terms of the economy. the economy did not suffer. the economy did much better under clinton than bush. i don't think at least on the tax side, going over the cliff is that big of a deal. it's not really a cliff at all as you suggested and if we get major cuts in the military and defense spending, i'm not sure that's a bad idea at all. >> now, joy reid, we all deal with being dumped in different ways. that is the choice grover has made tonight on cnn. let's watch. >> i don't see any movement toward ts republicans wanting to raise taxes or people wanting to break their pledge. in fact, to be fair to everybody, some of these people have
obama is back in. and one of the clearest issues in that election was that taxes should be raised and raised on the rich. that gives the president even more leverage. i think the president has enormous leverage. if we do go over the cliff in terms of tacks? we go back to the clinton tax rates, which as i remember it, were not so onerous. they certainly were pretty good in terms of the economy. the economy did not suffer. the economy did much better under clinton than bush. i don't think at...
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president obama did not event trillion dollar deficit. he inherited them. the day he took office, we were in a freefall. despite extraordinary steps needed to do with a great recession, the deficit has decreased every year for the last three years, from 10% of gdp in 2009 to 7% of gdp today. the source is not the democratic national committee, but a respective publication. it has fallen faster over the past three years than it has in any stretch since demobilization in world war ii. after that, the only time the deficit has fallen faster is when the economy relapsed. the article went on to say, if u.s. history offers any guide, we are already testing the speed limits of a fiscal consolidation that does not risk backfiring. that is the point i am making. let us be careful as we implement deficit reduction that we are sensitive to the recovery. we do not move too quickly. now comes the basics. i go back to simpson-bowles. i think they have it right. put everything on the table. not only taxes and revenue, but spending cuts and entitlement reform. let me speak
president obama did not event trillion dollar deficit. he inherited them. the day he took office, we were in a freefall. despite extraordinary steps needed to do with a great recession, the deficit has decreased every year for the last three years, from 10% of gdp in 2009 to 7% of gdp today. the source is not the democratic national committee, but a respective publication. it has fallen faster over the past three years than it has in any stretch since demobilization in world war ii. after that,...
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present obama welcome to to the white house on tuesday. before the meeting the leaders addressed the office. the president-elect took office on saturday december to date to november 1st but joe biden allegation that the inauguration. this is 15 minutes. >> it is my great pleasure to welcome the president-elect to the oval office and to the white house this is a longstanding tradition i think the relationship between the countries we meet early with the president-elect of mexico that symbolizes the extraordinary relationship we have between the two countries. >> why >> [speaking in native tongue] with >> over the last four years i've been able to work with the what president for lady calderon and we've established an excellent working relationship, so i wish him all the best. >> [speaking in native tongue] i'm confident i'm going to establish a personal relationship with the president-elect who lino house an outstanding reputation for wanting to get things done. >> [speaking in native tongue] >> now the president i think represents the clos
present obama welcome to to the white house on tuesday. before the meeting the leaders addressed the office. the president-elect took office on saturday december to date to november 1st but joe biden allegation that the inauguration. this is 15 minutes. >> it is my great pleasure to welcome the president-elect to the oval office and to the white house this is a longstanding tradition i think the relationship between the countries we meet early with the president-elect of mexico that...